Global X Alternative Income ETFGlobal X Alternative Income ETFGlobal X Alternative Income ETF

Global X Alternative Income ETF

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Key stats


Assets under management (AUM)
‪34.22 M‬USD
Fund flows (1Y)
‪−3.63 M‬USD
Dividend yield (indicated)
7.04%
Discount/Premium to NAV
0.2%

About Global X Alternative Income ETF


Issuer
Mirae Asset Global Investments Co., Ltd.
Brand
Global X
Expense ratio
0.50%
Inception date
Jul 14, 2015
Index tracked
Indxx SuperDividend Alternatives Index
Management style
Passive
ALTY takes a broad, multi-asset approach in its quest for income. The portfolio breaks down into five buckets: infrastructure (MLPs, infrastructure-themed equities), and ETFs with exposure to real estate (via SRET), preferreds (via PFFD), emerging market bonds (via EMBD) and covered calls (via QYLD). The infrastructure bucket has 16 companies, 8 representing MLPs and 8 for US infrastructure. They are selected for high trailing dividend yield and low trailing volatility. The index caps each asset class at 20%, and then within each asset class the constituents are equally weighted. The index is reconstituted annually, but may rebalance quarterly if the weight of any buckets deviates more than 3% from its target. Prior to Sep 28, 2021, ALTY was known as the Global X SuperDividend Alternatives ETF, its previous strategy focused dividends in the selection process and weighted for equal risk contribution based on trailing volatility.

Classification


Asset Class
Asset allocation
Category
Asset allocation
Focus
Target outcome
Niche
Income
Strategy
Multi-factor
Weighting scheme
Tiered
Selection criteria
Multi-factor
What's in the fund
Exposure type
StocksBonds, Cash & Other
ETF
Stocks20.77%
Industrial Services9.53%
Utilities6.15%
Miscellaneous2.59%
Distribution Services1.26%
Energy Minerals1.24%
Bonds, Cash & Other79.23%
ETF79.03%
Cash0.19%
Summarizing what the indicators are suggesting.
Oscillators
Neutral
SellBuy
Strong sellStrong buy
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Oscillators
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Summary
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Summary
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Summary
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Moving Averages
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Moving Averages
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Displays a symbol's price movements over previous years to identify recurring trends.